Hector Real Estate News
Real Estate news for Hector, AR continually updated from thousands of sources.
Yesterday | via Log Cabin Democrat
House Bill 1053, which would have added language to require circuit clerks to record and report all mortgage assignments and releases, failed to pass in the Senate Committee on Insurance and Commerce last week. The added language would have applied to Arkansas Code 18-40-101, essentially creating easier mortgage tracking at the local level. Comment?
Friday Feb 6 | via Log Cabin Democrat
A bill being drafted by the Arkansas Circuit Clerks Association that would require counties to record and report all mortgage assignments and mortgage releases is getting some backlash. Jonathan Greer, general counsel for the Association of Arkansas Counties has been working with the Arkansas Circuit Clerks Association to draft House Bill 1053 and get it filed. Comment?
Monday Feb 2 | via ArkansasBusiness.com
Clarissa McWherter, Chris Murphy and Russell Harris have joined Entergy Arkansas in Little Rock as members of the economic development team. Comment?
Wednesday Feb 4 | via Indiana Law Blog
Yesterday Attorney General Zoeller announced that Indiana is part of a multistate, $1.3 billion S&P settlement, via a news release that begins: Indiana, the U.S. Department of Justice, 18 other states and the District of Columbia reached a settlement agreement with Standard & Poor's Financial Services LLC resolving allegations that S&P misled investors when it rated structured finance securities in the lead-up to the 2008 financial crisis. The settlement requires S&P to pay $1.375 billion, which will be split among the states and the Department of Justice. Comment?
Tuesday Feb 3 | via NWAonline
Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis, the Justice Department announced Tuesday. The settlement with the U.S. government, 19 states and the District of Columbia covers ratings issued from 2004 through 2007. Comment?
4 hrs ago | via Housing Wire
JPMorgan Chase is pushing back at the U.S. Department of Justice 's claims that it admitted to misfiling more than 50,000 payment change notices in bankruptcy courts that were "improperly signed, under penalty of perjury, by persons who had not reviewed the accuracy of the notices." The DOJ announced earlier Tuesday that it reached a $50 million settlement agreement with Chase, and that Chase admitted that more than 25,000 of the 50,000 payment change notices were signed in the names of former employees or of employees who had nothing to do with reviewing the accuracy of the filings. Comment?
29 min ago | via Seeking Alpha
End of February top ten financial dividend stocks by yield showed 14.21% higher net gain from a $5k investment in the lowest-priced five than from $5k in all ten. Annual dividends divided by closing stock prices as of February 27 determined yields. Comment?
36 min ago | via Sky News
According to the annual State of Retirement report by LV=, women who have occupational or private pensions reach retirement with pots worth on average A 107,000. Nearly a quarter of women approaching retirement are set to rely solely on the state pension, which is currently a maximum of A 113.10 per week. Comment?
47 min ago | via News24
The ruling Swapo party will act on the dire shortage of affordable urban land in the country and high housing prices, the party leadership announced on Monday. "Steps have been taken to bring about speedier delivery of serviced urban land and address other issues surrounding high prices for the rental of accommodation and related matters," secretary general Nangolo Mbumba told reporters on Tuesday. Comment?
51 min ago | via The Verona-Cedar Grove Times
Statewide commercial property foreclosures declined 14 percent last year to 1,014, the fewest since 2008, when they totaled 875, according to the latest statistics from the New Jersey Judiciary's Office of Foreclosure. In Bergen and Passaic counties, there were 66 and 56 foreclosure filings, respectively, on commercial properties in 2014. Comment?
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